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Old 08-24-2007, 09:56 AM
WhipSawFX WhipSawFX is offline
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Join Date: May 2007
Posts: 11
Exclamation

from :

OANDA FXMessage: NFA Forex Dealer Dead Pool

For those that are unaware this thread is being posted at the same time on every forum Im aware of, using the alias's forexfigure, forexscholar, forexsavior...

OANDA FXMessage: NFA Forex Dealer Dead Pool
NFA Forex Dealer Dead Pool - Forum - FXstreet.com
Proposed NFA Capital Requirement - Forex Trading
Forexnews.com
Proposed NFA Capital Requirement - Page 17
http://www.talkgold.com//forum/showthread.php?t=177822
NFA Forex Dealer Dead Pool - The NDD Forum - Savvy Traders Want to Know
NFA Forex Dealer Dead Pool - Forex Trading | MetaTrader Indicators and Expert Advisors
Forums - Proposed NFA Capital Requirement
PiPTrader Forum: NFA Forex Dealer Dead Pool
Are Your Funds Safe? NFA to Shut down small forex fcms
Proposed NFA Capital Requirement - Forex Trading

Now why do you think someone would register on every forex forum they can to promote the largest firms, and denegrate the smaller ones ? Scaring customers to the larger firms, when there is infact no problems trading at the smaller ones, well as long as they maintain the net capital requirements.

I particularly like Justin from the EFX Group in this thread, as I did the moderator

EFX/MB Trading Going Under? - Page 1 - The NDD Forum - Savvy Traders Want to Know

Quote:
Moderator: Speaking of audits, it's interesting Forexscholar makes no mention of the NFA/CFTC sanctions against FXCM.MBTrading/EFX have yet to cited by the NFA or CFTC for anything yet FXCM suffered a CFTC injunction and twice been disciplined for its sales practices and general practices. To me integrity is everything and the latest disciplinary action, a repeat of the first, is a clear indication that the firm doesn't take the NFA findings or its ethical responsibilities seriously.
as is badass's closing comment for the thread

Quote:
As the starter of this thread I think it appropriate by my ending it. I spoke with an EFX rep and their firm is in solid financial shape and, no, they are not going under. The rep directed me to their NFA link which shows they have a clean record (better than most firms actually). As far as I'm concerned, case closed.

Last edited by WhipSawFX; 08-24-2007 at 10:10 AM.
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